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$540,000

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
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3 homes on one lot! All three homes together are 1917 sf. Incredible investment opportunity with a strong financial profilethis property generates $60,400 in annual gross rents! The front home offers 3 bedrooms, 2 full bathrooms, and 1,103 sq ft of comfortable living space, complete with a 5-year-old comp roof. Behind the main house are two detached ADUs, each approximately 407 sq ft and designed as 1 bedroom / 1 bathroom units with their own kitchens and living areas. Both ADUs feature 4-year-old roofs and stylish upgrades throughout, including granite kitchen counters, LVP wood-look flooring, newer appliances (including microwaves), and dual-pane windows. Whether you're an investor seeking strong cash flow or a buyer looking to live in one unit while renting the others, this property offers exceptional versatility and long-term value.

Full Property Details for 4305 38th St

General

  • Price: $540,000
  • Status: Active
  • Type: Multi-Family
  • Source: METROLIST_Cali
  • MLS ID: 225143822
  • Updated: 12/29/2025
  • Added to Site: 63 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Brick, Family Room
  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Dishwasher, Microwave, Free Standing Electric Range, See Remarks, Other
  • Flooring: Simulated Wood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Kitchen: Granite Counter
  • Dining Room: Dining/Living Combo, Other
  • Laundry: Inside Area

Parking

  • Parking: No Garage

Location

  • County: Sacramento
  • Subdivision: Louisiana Tr
  • Cross Streets: 18th ave
  • Driving Directions: 99 South to 12th ave exit, Right onto MLK Jr. Dr, Right onto 13th st, Left onto 38th street.
  • Direction Faces: West

School Information

  • School District: Sacramento
  • Elem School District: Sacramento Unified
  • Midd School District: Sacramento Unified
  • High School District: Sacramento Unified

Community

  • Units Assoc/Comm: 3

Heating & Cooling

  • Cooling Type: Central, Ductless, Other
  • Heating Type: Central, Ductless, Other
  • Heating Fuel: Central, Ductless, Other

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Sewer In & Connected, Natural Gas Connected, Other

Structural Information

  • Architectural Style: Ranch
  • Construction: Frame, Wood
  • Basement: Yes
  • Foundation: Raised, Slab
  • Roof: Composition
  • Windows: Dual Pane Full
  • Stories/Levels: 1
  • Square Feet: 1,103
  • Sq. Ft. Source: Assessor Agent-Fill
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Irrigation System: Public District
  • Zoning: R-1
  • Lot Description: Curb(s)/Gutter(s), Low Maintenance
  • Fencing (Description): Fenced

Disclosures and Reports

  • Special Conditions: Offer As Is
  • APN: 020-0133-018-0000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 4305 38th St —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 4305 38th St

School District:Sacramento City Unified School District
NameGradesDistance
Oak Ridge Elementary School, Sacramento, CA
4501 Martin Luther King Junior Boulevard, Sacramento, CA 95820
K-60.2 mi
California Middle School
1600 Vallejo Way, Sacramento, CA 95818
7-82 mi
Hiram W. Johnson High School
6879 14th Avenue, Sacramento, CA 95820
9-122.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4305 38th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/13/2025
Listed
$540,000
237.5%
MLS
3/12/2014
Sold
$160,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4305 38th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,715
23%
$270,504
2%
2024
$7,068
5%
$265,200
2%
2023
$6,754
52%
$260,000
60%
2022
$4,443
-23%
$162,544
2%
2021
$5,736
1%
$159,358
1%
2020
$5,677
61%
$157,725
26%
2019
$3,534
8%
$125,222
2%
2018
$3,259
1%
$122,767
2%
2017
$3,236
2%
$120,360
29%
2016
$3,185
12%
$93,196
2%
2015
$2,843
192%
$91,797
22%
2014
$975
-64%
$75,248
—
2013
$2,707
—
$74,908
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4305 38th Street, Sacramento, CA 95820 (MLS# 225143822) is a Multi-Family property with units containing 3 bedrooms and 2 full bathrooms. 4305 38th Street is currently listed for $540,000 and was received on November 13, 2025. This property is listed by Dana Gray from our Sacramento Sierra Oaks Office.Want to learn more about 4305 38th Street? Do you have questions about finding other Multi-Family real estate for sale in Sacramento? You can browse all Sacramento real estate or contact a Coldwell Banker agent to request more information.

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